News & Publications
July 16, 2024 |
How Low Will Soybeans Go?
Last week, we discussed uncertainty in the corn market amid concerns about corn silking, pollination, and weather. This week, we turn our attention to the developing soybean crop and the uncertainty surrounding production and price.
As the 2024 U.S. soybean crop pod-set stage accelerates, production potential uncertainty remains high. Some suggest a price bottom has already been made, while others contend that record yields may send the market even lower into harvest.
